Apple fairly valued? Decide for yourself!

Apple’s stock is fast approaching its 52-week high of $177.50 set almost exactly 1-yar ago and seems within striking distance of its all-time high valuation near $200. I wrote at the beginning of the year about Apple’s intrinsic value and recommended buying the stock when it hit $89/share amid rumors of Steve Jobs’ declining health and Apple’s inability to continue to make hit products. The stock has appreciated almost 90% since and it would seem a good time to revisit the Company’s valuation
Posted under Futures Trading Systems by Content Keyword RSS on Monday 24 August 2009 at 7:57 pm

Nokia (NOK) enters the Netbook market

Filed under: Good news , Products and services , Microsoft (MSFT) , Intel (INTC) , Nokia Corp. (NOK) , Options , Technical Analysis Nokia (NYSE: NOK - option chain ) shares are rising today after the company unveiled its new Nokia Booklet 3G mini-laptop . The device uses Microsoft 's (NASDAQ: MSFT ) Windows software, Intel 's (NASDAQ: INTC ) Atom processor, and will be a "full-function" personal computer with high-speed mobile Internet access capability. If you think that th
Posted under Futures Trading Systems by Content Keyword RSS on Monday 24 August 2009 at 11:41 am

Karl Denninger, “America Is Running Out Of Rope”

"America Is Running Out Of Rope" by Karl Denninger "Oh no, we don't cheat: Goldman Sachs Group Inc. research analyst Marc Irizarry's published rating on mutual-fund manager Janus Capital Group Inc. was a lackluster "neutral" in early April 2008. But at an internal meeting that month, the analyst told dozens of Goldman's traders the stock was likely to head higher, company documents show. Nothing like selling bonds out the front door and shorting them on your prop desk, right? Oh wait, Gol
Posted under Futures Trading Systems by Content Keyword RSS on Monday 24 August 2009 at 9:20 am

So You Want to Be a Great Trader? Try Reading!

I am the first to admit that I read too many books on economics and trading. Instead of watching the latest version of “America’s Got Talent”, you will usually find my nose stuck in some trading or economics text, or magazine. I come from an academic family, so reading was deeply ingrained in my daily habits since I was a youngster. In an earlier post I recommended the following books for your perusal: Dr. Burton Malkiel, “ A Random Walk Down Wall Street ” (efficient market theory) Ben
Posted under Futures Trading Systems by Content Keyword RSS on Monday 24 August 2009 at 3:57 am